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Feb 16, 2013 12:30pm PST
budget cuts known as sequestration. >> question. when former president clinton took the helm during an economic downturn, he said he had a quote laser-like focus on the economy. how would you describe the focus of president obama's state of the union pat buchanan? >> he did pivot back toward the jobs and the economy but overall this was a very libbal brail speech, something we have all heard before nothing new in it and a dead on aarrival speech. he is not going to get the minimum wage, not going to get the assault weapons ban, not going to get amnesty, not an awful lot of the things he has in there. he is appealing to his base and appealing to what he sees as the majority of the country, which probably does support most of what he said. it was a very political speech but in terms of what is going to be abe complished i don't think it was at all relevant. >> eleanor? >> it was in tune with the country. he is going to get immigration reform, something he can call a victory on guns, probably universal background checks and legislation to curb gun trafficking, the gun that killed the y
Feb 22, 2013 11:00pm PST
the glass-steagall act, and president bill clinton signed the repeal. >> it was a bipartisan repeal. >> right. it's a joke. that allowed the banks to make risky bets with their depositor's money. eight years later, our financial system collapsed. it's like a joke. this is a system that creates in the private enterprise a core mechanism and a logic that makes them do the very things that need regulation and then makes them evade or undo those regulations. >> you probably saw the recent story that facebook, which made more than $1 billion in profits last year, didn't pay taxes on that profit and actually got a $429 million rebate from you and me and all those other taxpayers out there. ge, verizon, boeing, 27 other corporations made a combined $205 billion in profits between 2008 and 2011 and 26 paid no federal corporate income tax. what will ultimately happen, richard, if the big winners from capitalism opt out of participating in the strengthening, nurturing, and financial support of a fair and functioning society? >> well, the worst example i just learned about a few days ago. and
Search Results 0 to 3 of about 4 (some duplicates have been removed)